VAT on online purchases: 8 Critical things you must know
VAT on online purchases: 8 Critical things you must know
By Femi Adeoya
From Jan 1, 2020, any online purchase you make in Nigeria will attract a tax bill...
UPDATE: Why court barred VAT collection by FIRS from hotels
(NAN) Justice Rilwanu Aikawa of the Federal High Court in Lagos has barred the Federal Inland Revenue Services (FIRS), from enforcing VAT provisions on goods and services...
Court stops FIRS from collecting VAT from Lagos hotels, restaurants
Court stops FIRS from collecting VAT from Lagos hotels, restaurants
A Federal High Court sitting in Lagos has granted an order of perpetual injunction to restrain the Federal...
PAYE: How to calculate personal income tax
PAYE: How to calculate personal income tax in Nigeria
If you earn an income and you live in Nigeria, you are expected to pay tax on your earned...
For failing to give out ‘adequate loans’, 12 banks fined N499bn
For failing to give out 'adequate loans', 12 banks fined N499bn
The Central Bank of Nigeria (CBN) says 12 banks have been debited N499 billion for failing to...
Senate Unveils Communication Service Tax
Senate Unveils Communication Service Tax
The Nigerian senate has unveiled a communication service tax on all telecom consumers nationwide.
A bill to enact a legislative action to impose a...
Skytrend Consulting: Financial services and accounting solutions company
Skytrend Consulting: Financial services and accounting solutions company
Welcome to Skytrend Consulting Ltd, a business development and accounting Solutions Company with head office at Lagos, Nigeria: 7 Obokun...
